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PLI Scheme: PLI: Rs 4,415 cr disbursed, system in place to facilitate beneficiaries' visa applications

The Indian government has disbursed approximately Rs 4,415 crore under the Production-Linked Incentive (PLI) schemes for eight sectors, including electronics and pharmaceuticals, until October of the current fiscal year. The PLI schemes, launched in 2021, cover 14 sectors and have a total outlay of Rs 1.97 lakh crore. The disbursement of Rs 4,415 crore represents incentives for sectors like large-scale electronics manufacturing, IT hardware, bulk drugs, telecom, food processing, and drones. ....

Rajeev Singh Thakur , Department For Promotion Of Industry , Production Linked Incentive , Internal Trade , Standard Operating Procedure , Pli Scheme ,

Samsung won't get incentive for smartphone production in FY22

Samsung is unlikely to get production-linked incentives (PLI) for smartphone manufacturing for the second year (fiscal 2022) of the scheme, after the South Korean electronics major failed to meet production targets, officials aware of the matter told ET. ....

South Korea , South Korean , Tata Group , Smartphone Production , Fiscal 2022 , Production Targets ,

Govt to use Prasar Bharati infra to pilot D2M tech in 19 cities

“Launch of a pilot is the first step because there are challenges. While the technology is there, and it can be adopted, but in a device, you require a certain chip or attachment. To see how that adoption takes place, pilots will be required, Apurva Chandra, secretary, ministry of information & broadcasting, said. ....

Prasar Bharti , Parag Naik , Apurva Chandra , Abhay Karandikar , Department Of Science , Saankhya Labs , Prasar Bharati Infra , D2m Tech , Direct To Mobile , Mobile Devices ,

pli: Automobile industry will contribute to India's rise as third largest economy

The Ministry of Heavy Industries is overseeing the Rs 25,938 crore Production Linked Incentive (PLI) scheme for Automobile and Auto Components (PLI-AUTO Scheme). An official statement said results are coming as companies have commenced making investments and vehicle models are being approved for availing the scheme benefits. ....

Business News , Breaking News Events , Latest News Updates , Economic Times , Economic Times News App , Daily Market Updates , Live Business , Tata Motors , Automobile Industry , Heavy Industries Minister , Gross Domestic Product , Third Largest Economy , Auto Production Linked Incentive , Pli Auto Scheme , Ministry Of Heavy Industries ,